All Companies Should Require Vaccines for Workers Now

All Companies Should Require Vaccines for Workers Now

(My employer, Bloomberg LP, which has supported employees with … Amazon.com Inc., the second-largest U.S. private-sector employer with about
See Original Article

Former Port of Moses Lake director now selling commercial real estate

On his Instagram page, Bishop posted about his new position as a realtor with e-rum Group which is brokered by eXp Commerical Real Estate out of
See Original Article

EXCLUSIVE Banker behind report alleging HSBC racism resigns over lack of support

'Project Speak Up' author alleged discrimination at HSBC · Says bank reacted well, but not supported by colleagues · HSBC welcomes ex-employee's '
See Original Article

New York Mortgage Trust (NYMT) Q2 2021 Earnings Call Transcript

We purchased approximately $258 million in residential loans and closed on our second multifamily joint venture investment for $12 million. On our
See Original Article

Bank fraud case: Delhi Crime Branch arrests 3 suspects for allegedly duping HDFC Bank of Rs 1.4 …

The gang of cheats duped HDFC bank and opened priority accounts in several banks to avail of premier banking services using fake documents.
See Original Article

PennyMac misses earnings targets

PennyMac Mortgage Investment Trust, the real estate investment trust managed by PennyMac Financial Services, reported net income of $31.9 million
See Original Article

SB (SBFG) falls 0.76% to Close at $18.18 on August 6

Today, SB Financial Group Inc Inc's (NASDAQ: SBFG) stock fell $0.14, … Peak Title provides title insurance and opinions throughout the Tri-State
See Original Article

Google 'Contemplated Buying Some or All of Epic,' Suit Says

… from Epic's complaint that was previously sealed from public view and was included in a Google filing last night in San Francisco federal court.
See Original Article

Disney Needs to Offer 'All-You-Can Eat' Streaming, Says Dan Loeb

Loeb said in a letter to investors in his hedge fund Third Point Friday that his optimistic view of Disney's streaming service has proved to be correct,
See Original Article

Wells Fargo Hit With Racketeering Suit Over Inspection Fees

Law360 (August 6, 2021, 5:41 PM EDT) — Wells Fargo has padded its bottom line by squeezing struggling mortgage borrowers for millions of dollars
See Original Article

Delta's Spread Hits Asia

Email us at ecodaily@bloomberg.net … While it's the dominant production technique in some niche markets — dentistry, medical devices and hearing
See Original Article

Real estate market reports show slow, positive gains

Real estate market reports show slow, positive gains. Industrial market stays active while office and retail remain mixed. By. Ehren Wynder. -.
See Original Article

Darrell Berkheimer: Housing gurus issue warning to buyers

Freddie Mac has reported starter homes on the market is at a 50-year low. That has created a rush to purchase land, and a growing shortage of rentals
See Original Article

Indonesia Cases Spread Fast; Florida Hits Record: Virus Update

Indonesia Cases Spread Fast; Florida Hits Record: Virus Update. Bloomberg News. August 6, 2021, 3:43 PM PDT Updated on August 6, 2021, 5
See Original Article

Why Wells Fargo's And Bank Of America's Stocks Are Soaring Higher Today

Shares of several banks and financial services companies, including Wells Fargo & Co (NYSE: WFC) and Bank of America Corp (NYSE: BAC), are
See Original Article

Insurance hold-ups not hindering housing market

Wildfires can make it tough to get a new property insurance policy in some parts of the Okanagan, but that hasn't slowed down the housing market,
See Original Article

Pursuit ends in Posey County

Chief Deputy Fortune says he was also wanted on charges out of Warrick County. Evansville Police say Morris stole a purse from a woman in a
See Original Article

Realty Income Corp. (O) Upgraded to Buy: Here's Why

This rating change essentially reflects an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. The Zacks rating
See Original Article

Astec Industries Inc (ASTE) Q2 2021 Earnings Call Transcript

These actions have enabled us to unify our organization, make it easier for our customers to do business with us, leverage our global footprint, and flex
See Original Article

Cleaner, 39, 'who had a daughter with Premier League football club chairman eight years ago wins …

Barbara is believed to live in a £350,000 house nearby, but has reportedly now won a share of Crouch's £18million fortune after a court battle. The
See Original Article

COVID-19 helped accelerate Southeast Asia's digital future. Now what?

COVID-19 helped accelerate Southeast Asia's digital future. Now what?

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Entire books will be written on how the COVID-19
See Original Article

Advisor to World's Richest Families Has $3.6B Fortune

Even after the move, Trott kept his focus on rich families, with Midwestern fortunes a specialty. “I loved bringing the investing and investment banking
See Original Article

Groups opposing eviction ban spent big on lobbying

… the Institute of Real Estate Management, the Manufactured Housing Institute, the Mortgage Bankers Association, the National Affordable Housing
See Original Article

Edina resident part of closing bell ringing at New York Stock Exchange

As part of National Mortgage Broker's Day, United Wholesale Mortgage, a wholesale and purchase mortgage lender, invited 75 independent mortgage
See Original Article

Beyond the Transaction

… in forbearance—the highest level during the pandemic, according to a Freddie Mac research analysis of Mortgage Bankers Association estimates.
See Original Article

The Lucrative Business of Stoking Vaccine Skepticism

During the pandemic, as the coronavirus created new markets for health hoaxes, conspiracy theorists have been able to make money online by using
See Original Article

GM and the Auto Industry Race to Extinguish Costly Battery Fires

By submitting my information, I agree to the Privacy Policy and Terms of Service and to receive offers and promotions from Bloomberg. Welcome to the
See Original Article

Ace Attorney's Creator on How His Game Inspired a New Class of Lawyers

You can reach me at jschreier10@bloomberg.net or confidentially at jasonschreier@protonmail.com. — With assistance by Olga Kharif, and Lucas Shaw
See Original Article

WATCH: Son shares heartbreaking video after no-one comes to mum's birthday

After discovering that he had paid off her mortgage she broke down in tears. Coxy added: “As nobody showed up I wanted to do something extra special
See Original Article

REIT Triples Loan Acquisitions Largely Due To Non-QM Increase

MFA Financial, Inc.'s residential mortgage investment portfolio jumped by $299 million during Q2 2021 with loan purchase activity that exceeded
See Original Article

Nasdaq Wins SEC Support for Plan to Diversify Company Boards

Nasdaq waited almost eight months for a decision from the SEC's Division of Trading and Markets. The division had as long as 240 days to approve or
See Original Article

AE, MLO Jobs; Warehouse, Broker Products; FHA and Loan Mods; Strong Jobs Data Moving Rates

Recently named among Top 6 Best Large Mortgage Companies to Work For by National Mortgage News, Geneva Financial Home Loans is filling
See Original Article

Travel Rebound Is Thrown Off Course by Delta Variant

The pullback was most noticeable in markets where the delta variant is … Financial Officer Jason Liberty said in an interview with Bloomberg News.
See Original Article

Biden extends freeze on student loan payments through January

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. The Biden administration will relieve Americans from
See Original Article

Hot housing market makes for some risky decisions

In Indianapolis, the average house is on the market for just four days before the sellers accept an offer, according to residential real estate research
See Original Article

ISS Recommends Shareholders of Monmouth Real Estate Investment Corp. Vote “AGAINST …

(“Starwood”), an affiliate of Starwood Capital Group, a leading global private investment firm focused on real estate and energy investments, today
See Original Article

Fortune is Selling Its Newest Cover Design as NFT Art

Fortune has announced that it has begun to sell limited edition non-fungible tokens (NFTs) of the cover art for the most recent issue. Fortune Magazine,
See Original Article

Whether it's social justice or public health — we have to do the work to see the change

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Darren Walker has been at the Ford Foundation since
See Original Article

American Equity Investment Life Ho (AEL) Q2 2021 Earnings Call Transcript

During the quarter, we invested in 933 single family rental homes. … to privately sourced assets, including residential mortgage loans, single-family
See Original Article

July Jobs Report Beats Expectations (Podcast)

Bloomberg News Finance Reporter Katherine Chiglinsky previews Berkshire Hathaway earnings. And we Drive to the Close with Ryan Detrick, Senior
See Original Article

CFPB Issues Interpretive Rule On Juneteenth

CFPB Issues Interpretive Rule On Juneteenth

Regulation Z of the CFPB mortgage rules establish time requirements, calculated in business days, when borrowers must receive disclosures or when
See Original Article

Darrisaw's Nagging Injury, Udoh's Strong Play Lend Clarity to Vikings O-Line Picture

Darrisaw's Nagging Injury, Udoh's Strong Play Lend Clarity to Vikings O-Line Picture. Unless Darrisaw can get over his groin injury soon, Rashod Hill
See Original Article

Didi Weighs Giving Up Data Control to Appease Beijing

Didi's American depositary receipts initially surged on the news before … a project led by the People's Bank of China, Bloomberg News has reported. … like Apple Inc. or Amazon.com Inc. to store Chinese data within the country,
See Original Article

Treasury Snapshot: 10-Year Note at 1.31%

The latest Freddie Mac Weekly Primary Mortgage Market Survey puts the 30-year fixed at 2.77%. Here is a long look back, courtesy of a FRED graph,
See Original Article

MHS embracing two-way players as practices start

Iron-man football will be a major theme for Midland High under first-year head coach Thad Fortune. With the exception of starting quarterback Landry
See Original Article

Blizzard Turned Game Developers Into Rock Stars. Misbehavior Followed

More than 50 spoke to Bloomberg, and most requested anonymity over fear of reprisal. … Ingalls left the following year for a job at Amazon.com Inc.
See Original Article

State awards hefty affordable housing grant to Ithaca project

— A large mixed-use project in Downtown Ithaca has received a major boost with the award of a state affordable housing grant to help pay for its
See Original Article

More homes coming onto Reno-area housing market

The median sales price for a single-family home was $530,000 in July, unchanged from June. Homes were on the market for an average of 15 days
See Original Article

Advocates Decry Oportun's Bid For Federal Bank Charter

National organizations including the Center for Responsible Lending and Americans for Financial Reform and a handful of state-level advocacy groups
See Original Article

American Express National Bank CD Rates: August 2021

The bank's CD rates tend to be somewhat competitive among online banks. Rates range from 0.10% APY for a six-month CD to 0.55% APY for a 60-
See Original Article

China's Wild Summer of Stock Market Shocks: A Timeline

… from Beijing's intensifying crackdown continue to ripple through markets. … Bloomberg reports that China is considering asking companies that offer
See Original Article

BofA's Carey Hall Says Stock Sentiment Nearing 'Sell Signal'

Jill Carey Hall, BofA Securities chief U.S. equity strategist, says a lot of good news has already been priced into equities. She speaks on “Bloomberg
See Original Article

Homebridge merges with blockchain fintech, LoanDepot earnings drop by more than 93% & more …

Homebridge merges with blockchain fintech, LoanDepot earnings drop by more than 93% & more of this week's top news · Homebridge merging with
See Original Article

Chainsulting to assume development of BSC-powered lending protocol Lendefi

The Lendefi protocol facilitates secured lending, delivering confidence to lenders within the highly volatile cryptocurrency marketplace… By CryptoNinjas
See Original Article

Walmart is paying bonuses to employees who delay vacations

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Walmart is offering its warehouse employees weekly
See Original Article

VW CEO Blasts EV Charging Venture's Station After Italy Trip

The discontent with Ionity reflects German automakers' view that charging infrastructure remains a weak link in their efforts to catch up with Tesla.
See Original Article

Investors swarm to Orlando's hot housing market

Central Florida house hunters may be going up against corporations in their bidding wars. Orlando is one of the real estate markets drawing the most
See Original Article

Why China Could Be Serious About a Property Tax Now

Bloomberg News's Tom Hancock and Bloomberg Economics's Tom Orlik describe the new order in China as progressive authoritarianism. Bloomberg
See Original Article

Arizona's hot housing market opens doors for rental home scams

Arizona's hot housing market has opened the door for scammers preying upon a growing number of residents looking for homes to rent.
See Original Article

Records: Fortune 500 car dealership based in Florida acquires East Kellogg land

AutoNation is a Fortune 500 company with more than 300 locations across 18 states. The nearest stores are in Amarillo and in the Forth Worth area.
See Original Article

Global investors drive Miami real estate market

Global investors drive Miami real estate market

In every bullish real estate cycle there comes a point when prospective buyers face the same questions — Is it the right time to buy? If I buy — now, will
See Original Article

Kenya: Mzee Kenyatta Dancers' 50-Year Wait for Title Deeds to End Soon

… a women's group in a land ownership dispute in Trans Nzoia County will end now that the government is planning to issue members with title deeds.
See Original Article

Real Estate Round-Up: S is for sellers

The real estate purchase is very different this time around. Lenders … Buyers must have strong income, excellent credit, and properties must appraise.
See Original Article

Commentary: Summit Plans to Address Lewis County Housing Shortage

For real estate agents lucky enough to have a home listing, the properties are flying out the door, … locations and number of housing across county cities and towns; housing trends; and myths and facts about low-income housing.
See Original Article

Pacsun to host live shopping event with A$AP Rocky drop

Skateboarding and surfwear brand Pacsun will be hosting its first live shopping event today at its Soho flagship store. The event celebrates the global
See Original Article

REIT Earnings Recap: Mega-Mergers And Roaring Rents

REIT earnings season has provided critical information on the state of the real estate industry – a much-needed check-in amid fears of a potential “fourth
See Original Article

ISS Recommends Shareholders of Monmouth Real Estate Investment Corp. Vote "AGAINST …

(“Starwood”), an affiliate of Starwood Capital Group, a leading global private investment firm focused on real estate and energy investments, today
See Original Article

Pot Products Maker Seeks $1M For Breached 'Hashatron' Deal

… Sho Products and JJG Distributing entered an exclusivity agreement in April 2020 that gave the cannabis company the sole right, title and interest to
See Original Article

insurance company

Rate & Form Filings · NAIC Filings Checklist* · Premium Tax Return* · Report of Title Insurance Controlled Business Transactions* · Memorandum on
See Original Article

Why aren't CC&Rs online and where are monthly financials? – Press Enterprise

Anyone can get a copy by asking a local county recorder or by contacting the customer service department of your favorite title insurance company.
See Original Article

Stop Blaming COVID-19 Deaths On Population Density

North Dakota has twice as many COVID-19 cases per capita as New Jersey. It’s time to finally put this pandemic myth to rest.

See Original Article

The Pipeline: Commercial real estate deals for 8.6.21

Carmel Partners reports the following deal: Bel Henry LLC purchased the 403-unit The Henry apartment complex at 201 E. Mississippi Ave. in Denver
See Original Article

Redfin: Homebuying Conditions Improving As Rates Decline

… (purchased and refinanced loans backed by Freddie Mac and Fannie Mae) increased for the first time since Milliman began tracking mortgage defa.
See Original Article

Real estate news: Senior apartments in Placentia sells for $44 million

Real estate news: Senior apartments in Placentia sells for $44 million. Apartments are hot: Positive Investments Inc. also acquired a complex in
See Original Article

High risk borrowing 'crowding out' private sector lending – IMF to government

In a recent Article IV Consultation paper issued on Ghana, the IMF explained, “government lending supported the banking sector through the pandemic,
See Original Article

Mortgage Broker Aids Family Of 10

MC Mortgage Group President Patrick Stoy recently was recognized at the NYSE for helping a family secure a USDA mortgage during the pandemic.
See Original Article

PennyMac Mortgage Investment Trust (PMT) Q2 2021 Earnings Call Transcript

PMT's MSR fair value declined due to lower mortgage rates which increase the refinance potential for loans in our portfolio. These losses were partially
See Original Article

Nonbank mortgage jobs tick up after a lull

The number of mortgage bankers and brokers employed by nonbanks rose to 389,400 from a downwardly revised 385,100 in May and is up from
See Original Article

Up Close: In Conversation with Balance Athletica Co-Founder Steve Dilk

Title: Co-founder and chief operating officer … Balance Athletica has primarily been a launch-based company with unique collections offering new
See Original Article

Iran responsible for tanker attack in Indian Ocean: G7

… must be allowed to navigate freely in accordance with international law.” … barring foreign investment and restricting countries from buying Iranian
See Original Article

Pandemic mortgage assistance program still in starter's blocks after nearly 5 months

Pandemic mortgage assistance program still in starter's blocks after nearly 5 months

By Travis Fain, WRAL statehouse reporter. Raleigh, N.C. — A federally funded program to help people struggling to pay mortgages during the
See Original Article

Lyons: Trump willing to lend 'helping hand' in Massachusetts

MassGOP/Courtesy photoMassachusetts Republican Party Chairman Jim Lyons pictured in New York on Thursday with former President Donald Trump
See Original Article

First Citizens Bank in Frisco offers personal, business banking services

First Citizens Bank opened June 21 at 8160 Lebanon Road, Ste. 160, Frisco. (Matt Payne/Community Impact Newspaper). Now is the chance to help
See Original Article

If you haven't refinanced yet, is it still worth it?

Today's HousingWire Daily episode features a crossover episode of HousingWire's Housing News podcast. In this episode, HousingWire Editor in Chief
See Original Article

Lenders are creeping out from beneath pandemic

Two of those lenders locally were ChoiceOne Bank and Mercantile Bank of Michigan. Both Henion and President and CEO of Mercantile Bank of
See Original Article

Invesco Mortgage Capital Inc. stock remains steady Friday, still outperforms market

Invesco Mortgage Capital Inc. closed $1.41 short of its 52-week high ($4.60), which the company reached on June 10th. The stock demonstrated a
See Original Article

Atlantic Bay CEO talks remote work life and culture

Today's HousingWire Daily episode features a crossover episode of HousingWire's Housing News podcast. In this episode, HousingWire Editor in
See Original Article

Michael Bublé delays Rocket Mortgage FieldHouse show due to COVID-19 concerns

The show, originally scheduled for Aug. 21 at Rocket Mortgage FieldHouse, has been bumped to Oct. 21. Tickets will be honored for the new date,
See Original Article

Car thefts are on the rise nationally and locally

Lending Tree says that comprehensive coverage, not basic coverage, needs to be part of an individual's auto insurance. This is important if a stolen car
See Original Article

Simple ways to brighten up your home's exterior

“A simple cleaning of current fixtures and upgrading light bulbs can make a difference to your home's exterior at night,” says Tom Rafferty of Lumen
See Original Article

County Bank announces a retirement and a new executive team

Shockley, president and chief lending officer, after serving 31 years with the bank. He has been a significant reason for our success. He will be leaving to
See Original Article

No more 'master' bedrooms: Many Minnesota real estate agents drop biased terms

It's part of a new real estate terminology that's emerging during a time of racial reckoning and pleas for more inclusive language. “There's a hidden
See Original Article

Mortgage rates went lower across the LTV tiers in July – Bank of England

For buy-to-let mortgages, the average two-year fixed rate, at 75 per cent LTV, was cut by 12 bps to 1.84 per cent. Three, five and 10 years. The only
See Original Article

July Real Estate Market Cools Down

The local real estate market in July cooled down a bit — which is normal, as people go on vacation. Regionally, it's still a “super strong seller's market,”
See Original Article

Lyons: Trump willing to lend 'helping hand' in Mass.

Lyons: Trump willing to lend 'helping hand' in Mass. MassGOP/Courtesy photoMassachusetts Republican Party Chairman Jim Lyons pictured in New
See Original Article

Mortgage Forbearance Volumes Drop

The number of active mortgage loan forbearance plans dropped again … in COVID-19-related forbearance plans—that is 3.4% of all active mortgages.
See Original Article

Friedman Real Estate Brokers Sale of Former Northland Mall in Southfield, Michigan

Friedman was hired in 2017 to act as the City of Southfield's real estate consultant and broker to market the redevelopment site. Bloomfield Hills-based
See Original Article

Black real estate agent, clients handcuffed outside of Michigan home they were viewing

When a Black real estate agent glanced out the window of a house he was showing and saw a police officer circling the property with his gun drawn,
See Original Article

Mortgage fraud risk hit 2-year high in 2Q

In the second quarter, shifting lending volumes and borrower misinformation drove fraud risk to the highest level since the start of 2019, according to
See Original Article

Business Before Hours at Academy Mortgage

ELKO — Please join the Elko Area Chamber for Business Before Hours on August 12 from 8-9 a.m. with Academy Mortgage and Trinity Realty at 930
See Original Article

Jon Stewart Heads to Apple TV+ This Fall to Take On His Successors

Jon Stewart Heads to Apple TV+ This Fall to Take On His Successors

… own show on Fox News, and the competition among streaming services was in its infancy. Now, six years after leaving The Daily Show, Stewart, 58,
See Original Article

Nasdaq Eyes Tokenized Real Estate while tZERO Begins Onboarding Exodus Investors – Digital …

Of all the markets expected to be transformed by digital securities, real estate is widely agreed upon to be the most ripe. Nasdaq's Vice President and
See Original Article

Mortgage insurers have strong 2Q, helped by origination volume

Below are the highlights of earnings reports from Genworth Financial, MGIC, Arch and Radian's mortgage and title insurance business as well as Q2
See Original Article

UK: Mixed-Use Developments: What Does The Future Hold?

However, the pandemic has shifted attitudes towards both housing and retail, … A considered approach to mixed-use in response to emerging trends
See Original Article

Enterprise AI Firm Dataiku Raises Cash at $4.6 Billion Valuation

Dataiku Inc., a startup that helps businesses roll out artificial intelligence projects, raised funds at a $4.6 billion valuation to expand in its markets.
See Original Article

COVID mortgage assistance program still in the starter's block after nearly 5 months

By Travis Fain, WRAL statehouse reporter. A federally funded program to help people struggling to pay mortgages during the pandemic is still in the
See Original Article

Reform Taxes and Deficits, Business Group Urges Canada Leaders

Justin Trudeau, Canada's prime minister, speaks during a news conference at Hamilton Mountain Mosque in Hamilton, Ontario, Canada, in July.
See Original Article

Police search Paraguay central bank

The BCP's bank supervision authority had declined to surrender certain documents to prosecutors, citing bank secrecy laws. Paraguayan authorities are
See Original Article

Sotheby's International Realty leads the industry in innovation and growth in 2021

This list showcases the best of the best in the real estate industry, ranking the top real estate professionals, teams, and brokerages in the U.S. by the
See Original Article

Kristina Hooper on the Markets (Radio)

Kristina Hooper, Chief Global Market Strategist at Invesco, discusses her market outlook with Rishaad Salamat and Bryan Curtis on Bloomberg
See Original Article

Davis Joins Premier Bank as Community Mortgage Lender

Davis brings with him 12 years of mortgage lending experience. He most recently served as a senior mortgage originator at a nationwide mortgage
See Original Article

Junior bankers, rejoice: FactSet is working on a way to automate one of the most time-consuming …

Data provider FactSet is helping investment banks automate their pitching process. · The firm has recently rolled out APIs focused on helping bankers
See Original Article

Mansion Global Daily: What Autumn Holds for Luxury Real Estate, Working From Home Has …

Roadmap for Navigating Fall Luxury Real Estate Markets. What to expect in New York, London, Miami and Dubai in the coming months. Read More
See Original Article

Payday Lender Groups Argue Against Lifting CFPB Rule Stay

Law360 (August 6, 2021, 5:25 PM EDT) — Two trade groups representing payday lenders implored a Texas federal judge to deny the Consumer
See Original Article

Denver housing market increases inventory, but demand continues to push prices upward

According to the latest monthly market report from the Denver Metro Association of Realtors (DMAR), Denver's housing stock is still 37% below last
See Original Article

MBA urges Cuomo to veto New York IMB bill

How student lending can benefit non-bank lenders … “The Fair Housing Act and Equal Credit Opportunity Act (ECOA) apply to all mortgage lenders,
See Original Article

Nate Zerface Promoted to Senior Ag Banker at Dacotah Bank

Banking and Financial Economics – Cum Laude) and has served as an Ag Banker in Valley City since 2010. He is a member of the Class of 2017
See Original Article

Key Mortgage Services names Ralph Melbourne as new President

Selected after Key Mortgage engaged in a nationwide search, the Chicago-area financial services professional begins his new role immediately at the
See Original Article

MFA Financial, Inc. Announces Second Quarter 2021 Financial Results

Book value stability despite a volatile market for mortgages … Our portfolio of residential mortgage assets delivered solid second quarter earnings and
See Original Article

July Brings Reverse Mortgage Volume Bump, Strong HMBS Issuance

Home Equity Conversion Mortgage (HECM) endorsements rose in July, 2021 by 3.2% to 4,293 loans, marking yet another month of reverse mortgage
See Original Article

The Delta Variant Has Upended Plans to Return to the Office. What's Next—and How to Invest.

The Delta Variant Has Upended Plans to Return to the Office. What's Next—and How to Invest.

The labor market is likely to stay tight as the economy picks up, and … Office real estate, a beleaguered and controversial sector, is more nuanced than
See Original Article

Here's which banks were Pittsburgh's biggest 2021 PPP lenders

“Dollar Bank is very proud we were able to be a top SBA lender in the Pittsburgh region,” Dave Weber, senior vice president of commercial banking,
See Original Article

The Canadian Property Bubble Has Grown For 24 Years, Longer Than Any Other G7

Correcting inefficiencies can be delayed, but that only makes a market more inefficient. Inefficient markets result in toxic spillover. Ultimately, this creates
See Original Article

Online Lending Market Analysis on Future Development 2027| Daric, Pave, Peerform, RateSetter …

Quantitative analysis of the Online Lending industry from 2016 to 2021 by Region, Type, Application and Consumption assessment by regions. Get Free
See Original Article

It's time for private sector to address housing discrimination

After all, a home is often a person's largest asset and source of long-term … This column does not necessarily reflect the opinion of HousingWire's
See Original Article

QuotedData's Economic Roundup – August 2021

A collation of recent insights on markets and economies taken from the … Unite Group, Capital & Counties and Schroder European Real Estate.
See Original Article

First American fined $1 million for illegal perks to agents

In a statement sent to HousingWire, First American spokesperson Marcus Ginnaty said the company “fully cooperated” with an investigation by the
See Original Article

Colorado Group Realty agents place on national rankings list

Several Colorado Group Agents agents and teams were recently honored by being ranked in the REAL Trends “America's Best Agent and Team
See Original Article

PennyMac Mortgage: Q2 Earnings Snapshot

WESTLAKE VILLAGE, Calif. (AP) _ PennyMac Mortgage Investment Trust (PMT) on Thursday reported second-quarter net income of $38.1 million.
See Original Article

Mortgage rates may drop even lower due to Delta variant, expert says

Mortgage rates held near all-time lows in July 2021 for home purchase and refinancing loans, according to data collected by Credible. With such low
See Original Article

Week Ahead in Banking: August 9, 2021

Here are some upcoming events of interest to the banking law community. Unless otherwise noted, all times are local. Monday, August 9. 9:00 a.m.
See Original Article

Global Commercial Investment Returns with a Vengeance in 2021

… multifamily at 20%, reflecting accelerated consumer and demographic trends. … Industrial Properties a Bright Spot in New York's Real Estate Market
See Original Article

CFPB Clarifies Mortgage Requirements for Juneteenth

The Consumer Financial Protection Bureau (CFPB) has now released an interpretive rule to clarify mortgage requirements in regards to the new holiday.
See Original Article

Ecuador Central Bank Doubles BIS Credit Line to $840 Million

Central bank head Guillermo Avellan speaks in interview · GDP is likely to top 2.8% estimate due to vaccination drive.
See Original Article

First Niles completes $3.3 million acquisition of Union Capital Mortgage

Union Capital, founded in 1995 and based in Mentor, specializes in residential mortgages. The business has branches in Westlake and Hudson in
See Original Article

Wall Street's Hottest Commodity: College Grads With Excel Skills

Big banks can't hire junior staff fast enough — not even at the new going … Or youthful realizations that maybe banking isn't all it's cracked up to be.
See Original Article

The secret behind Halifax's ability to build purpose-built rental housing at a record pace

Since the early 1970s, purpose-built rental (PBR) housing construction has taken a backseat in Canada to the homeownership market comprising
See Original Article

Pacific Valley Bank announces new senior vice president

As a member of the senior management group, Hamilton will be responsible for managing the banks' three branches (Salinas, King City, Monterey) as
See Original Article

This Week In Credit Card News: Banks Curbing Overdraft Fees; Credit Card Debt Surged During …

Some banks are retooling their overdraft policies or eliminating the fees altogether on their own, moves that could help lower-income Americans save
See Original Article

Howard Hughes Corp. reports uptick in revenue thanks to booming housing market

Howard Hughes reported that the price per acre of residential land across all of its communities increased 4.9% year to date to $618,000 per acre
See Original Article

Mortgage rates hit new 6-month low as refinance fee ends, delta variant rages

Mortgage rates hit new 6-month low as refinance fee ends, delta variant rages

Rates on other popular types of home loans are mixed this week, Freddie Mac says. The average for a 15-year fixed-rate mortgage has held steady at
See Original Article

Real estate crowdfunding company hosting open house Saturday at Mesa investment property

Local real estate crowdfunding company Neighborhood Ventures is hosting a free open house for investors and potential investors. It is 8-10 a.m.
See Original Article

Gateway First Bank Appoints President Of Mortgage Banking

He currently serves and previously served on a number of advisory boards for Fannie Mae and Freddie Mac. He is also very active in leadership roles
See Original Article

Citizens Financial to buy valuation consulting firm

The bank said the valuation consulting and forensic analysis firm, which … is selling off its branches as it retreats from the U.S. retail banking market.
See Original Article

Domestic violence survivor gets help from Indian consulate, Bihar Foundation

Her husband is a man from Bihar on an F-1 visa, given to international students, and works with Freddie Mac in Virginia. On June 15, the woman
See Original Article

A lot that comes with a natural spring in today's Real Estate Rundown

In this week's Real Estate Rundown UVO Group highlighted a property that comes with two water shares, as well as a natural spring. These are highly
See Original Article

Commercial real estate vacancies reflect transitional state of Greenville retail scene

That shows up as a vacancy in the report,” said Jimmy Wright, broker at NAI Earle Furman, the Upstate's largest commercial real estate brokerage.
See Original Article

Banks delay return to office as delta variant surges

Wells Fargo, Truist, and U.S. Bank pushed back the date employees must return to the office, but some major banks remain committed to a rapid return.
See Original Article

Real Estate Investor Pleads Guilty to Rigging Bids at Foreclosure Auctions

“Real estate investors who take advantage of the foreclosure process to line their own pockets will be held accountable,” said Acting Assistant Attorney
See Original Article

Here's how experts see the commercial real estate outlook in Arizona

Commercial real estate (CRE) professionals gathered at The Clayton House in Scottsdale on August 5 to hear from industry experts at the 7th Annual
See Original Article

Did multifamily market meet banner year expectations?

Almost half (46%) of the $359.7 billion of multifamily mortgages originated last year went to mortgage giants Fannie Mae and Freddie Mac. The top five
See Original Article

The federal foreclosure moratorium has ended. Here's what to do to save your home

… end of July only applied to the roughly two-thirds of borrowers with government-backed mortgages: FHA, VA, Fannie Mae and Freddie Mac loans.
See Original Article

Open banking, the 'life blood' of fintech and new bank services, is set to arrive in Canada by 2023

The recommendations land at a time when other countries have already blazed ahead, and Canadian fintechs say they are losing opportunities to
See Original Article

Arrest Made After Murder of Banking Exec in Reseda

Los Angeles Police Department detectives have arrested a 52-year-old man on suspicion of murder hours after Michelle Avan, a banking executive
See Original Article

Blog: Adapting to change is essential to market survival

LendingMetrics commercial director David Wylie asks why some buy-to-let lenders are wedded to 'outdated back-office systems'. The buy-to-let
See Original Article

Converse Bank has reduced the interest rate on project lending

(Press release) Converse Bank has revised the terms of loans refinanced by the National Mortgage Company, reducing the lending rate by 0.5% for
See Original Article

Homepoint on FHFA fee wrangle – “There is a cost to the lender that has to be acknowledged”

As the dust settles in the wake of the recent spat involving two of the country's biggest wholesale lenders, Pendleton, an 18-year mortgage industry
See Original Article

Small bank seeds green lending with assist from fintech

Virginia Community Capital Bank in Richmond prizes the clean energy lending program it launched five years ago. But as a small community
See Original Article

Top 10 most read mortgage broker stories this week – 06/08/2021

The week's most read were a heady mix of super-low rates, mortgage broking firm buyouts, the ongoing cladding scandal, lifetime lending and the
See Original Article

Octane Lending secures $52M series D funding

Powersports fintech Octane Lending raised $52 million in series D funding this week, pushing the company's total equity funding past the $192 million
See Original Article

'It is just a frenzy' | The housing market has realtors doing things they've never done before

'It is just a frenzy' | The housing market has realtors doing things they've never done before

Some buyers have offered European vacations and new cars just to get the inside track on getting their house of choice. Why is Charlotte's market so hot
See Original Article

Is Pierce County's housing market still red hot? Here are the sales numbers for July

Some interesting shifts happened in the Pierce County housing market in July, but it's too soon to tell whether they will continue. For single home sales
See Original Article

On Real Estate: In seeking to save retail, cities are robbing Peter to pay Paul

Not today. Palo Alto shut the avenue a year ago in an effort to save its struggling mom & pop restaurants. Small bistros are the cuddly polar bear of the
See Original Article

Weekly Forbearance Results Show Moderate Decline

The number of GSE (Fannie Mae and Freddie Mac) loans dropped by 18,000 or 3.2 percent and portfolio and private label securitized (PLS) loans fell
See Original Article

Is this the most sustainable house ever built?

Moreover, depository institutions (i.e., banks and credit unions) and government-sponsored enterprises, or GSEs, like Fannie Mae and Freddie Mac,
See Original Article

Real Estate Directory for August 6, 2021

Real Estate Directory for August 6, 2021 … By gardenisland | Friday, August 6, 2021, 12:05 a.m. … By participating in online discussions you acknowledge
See Original Article

Myanmar central bank restricts foreign hires

The Central Bank of Myanmar issued regulations on August 2 restricting the ability of local banks to hire foreign nationals. The action limits the number
See Original Article

California real estate market expected to cool off — just a bit | Silver Lake home sells for $5.7 million

“Normalizing”: Economists say the California real estate market will cool off a bit for the remainder of the year. The pool of available homes for sale has
See Original Article

The distant cry of hawks? Fed commences tightening talk

Central Banking Autumn Meetings will deliver content for our reserve … hosts several high-level study groups for central bankers around the world.
See Original Article

Here are the best of the best: Your 2021 Minnesota Real Estate Journal Awards winners

No one can deny that 2020 was a difficult year in the commercial real estate industry. But not even the COVID-19 pandemic could keep people from
See Original Article

House of the Week: Welcome to 'Windy Acres' in Marcellus, definitely not a 'cookie-cutter' property

Monthly Mortgage: $2,876 (based on the national average rate of 2.80%, according to Freddie Mac on July 29, for a 30-year fixed-rate mortgage with a
See Original Article

Real estate transfers July 10-16

Bowman James from Awb Properties LLC, 2424 11th St SW, $30,250. Brodzenski Emily from K & M Real Estate Management LLC, 1255 Wertz Ave SW,
See Original Article

New real estate leader talks draw of Tennessee and what's on horizon for market

The new leader of the Williamson County Association of Realtors returns to the organization amid a red-hot real estate market, a global pandemic and
See Original Article

D-FW office leasing is rebounding after more than a year of declines

… downtown, a 90,000-square-foot lease by Caterpillar in Las Colinas and a 155,000-square-foot lease by mortgage firm Freddie Mac in Plano.
See Original Article

Coles County real estate transactions

Coles County real estate transactions · People are also reading… · Yesteryear in Coles County: From the JG-TC archives · aug-14-1928-us-grant-
See Original Article

KEEPING IT REAL: MMB Real Estate Firm Founded During Covid Pandemic Celebrates A Year Of …

Everyone contributes their expertise to educate and uplift as they work with clients to reach their real estate goals,” stated Rosalind Burgin. “We are
See Original Article

The simple equation that can tell you exactly how much money you might be able to get now from a …

According to data from Freddie Mac, about one-third of refinancers chose to take cash out when they refinanced in 2020, with homeowners cashing
See Original Article

Get Ready for a Shift Away From US Stocks

They guaranteed a bunch of credit, as they did in the financial crisis. Fannie Mae and Freddie Mac are trying to tweak mortgage standards to deal with
See Original Article

A Black Army vet toured a house with his real estate agent and teen. Police surrounded the home …

Thorne and his son were touring a home Sunday with real estate agent Eric Brown, who's also Black, in Wyoming, Mich., when police suddenly
See Original Article

Default Risk Increases For Loans Backed By Fannie Mae And Freddie Mac

The MMDI rate for Freddie Mac and Fannie Mae loans grew from 1.38% in the fourth quarter of 2020 to 1.52% in the first quarter of 2021. “For Freddie
See Original Article

Priced out of the US housing market? Head to Europe

Priced out of the US housing market? Head to Europe

However, Curtis pointed out two notable trends in the European real estate market that are particularly advantageous for Americans. “[The market] is very
See Original Article

Siena Lending Group, GreenLake Asset Management Provide $108.5MM in Debt Financing to …

They are the right strategic lending partners for iMedia to finance its next chapter.” D.A. Davidson & Co. served as exclusive financial advisor to the
See Original Article

RBI Maintains Key Lending Rate At 4%, Retains GDP Growth Target At 9.5%

The Reserve Bank has slashed its key lending rates i.e. repo rate by 115 basis points since March 2020 to cushion the economy from the aftershock of
See Original Article

Human Rights-Focused Lending Models Can Curb Trafficking

Here, lenders are better appreciating that reputational risks of a borrower are also tied to the borrower's repayment risks. For borrowers whose line of
See Original Article

Seattle investment banking firm that helps buy and sell companies forms new SPAC to target …

Now, the Seattle-based investment banking firm is on the prowl to make its own purchase. Cascadia Capital — led by Michael Butler and Jamie Boyd
See Original Article

Vodafone Idea: What's At Stake For Lenders?

These exposures include bank loans, investments in securities and bank guarantees. Some large state-run lenders have already expressed concerns
See Original Article

Analysis: Why Blackstone and Hudson are building film studios

Last year, Hudson Pacific Properties and private equity house Blackstone got together to … Major shifts are taking place in the entertainment industry.
See Original Article

BMO Real Estate Investments Ltd – Change of Investment Policy and EGM Notice

The board of directors of BMO Real Estate Investments Limited (the … of the current trends and outlook of the UK's commercial property market, the
See Original Article

KakaoBank becomes South Korea's largest retail lender as shares surge

Shares in KakaoBank surged almost 80 per cent on their trading debut in Seoul, making the internet-only lender South Korea's biggest retail bank by
See Original Article

In the Valley's housing market, can the 'average' family buy a home?

Home values are rising at a rate of 3.1% each month, according to Tina Tamboer, a real estate data analyst for the Cromford Report. To put that in
See Original Article

Work From Home Is Driving UK Property Price Surge, BOE Says

The Bank of England said working from home is helping lift house prices in the U.K. by making consumers willing to pay more for space.
See Original Article

Car owners in Dubai warned against lending their vehicles to unlicensed drivers

Prosecution has warned that lending one's car to unlicensed drivers is punishable by law and that there is a possibility of launching a civil case against
See Original Article

70% of college students say affordability impacted their fall 2021 plans

According to Citizens' Annual Student Lending survey of 2,019 college students and their parents conducted June 15 through 26, these realities are
See Original Article

UK property boom leaves homebuyers struggling to step up

Mortgage rates are lower than ever — but can aspiring buyers qualify for them after big price rises? © FT / Charlie Bibby.
See Original Article

Italian neobank Illimity sees profits and lending soar in the second quarter of 2021

By Aisling Finn on Friday 6 August 2021. Alternative LendingDigital Banking. The challenger bank continues to post growing profits quarter on quarter,
See Original Article

Inovatec Joins the Canadian Lenders Association

The CLA also manages a roundtable of automotive lending executives, which will give Inovatec an opportunity to directly collaborate on ideas and
See Original Article

''Lower Lending Rates Has Reduced Burden On Households'': Shaktikanta Das

The significant reduction in lending rate on personal housing and commercial real estate sector augurs well for the economy, as these segments are
See Original Article

Las Vegas house prices exceed $400K for first time

Las Vegas housing prices shot past $400,000 on the resale market for the first time last month, raising concerns that many locals might get priced out
See Original Article

Dallas-Fort Worth leads Texas in new home sales in last decade, prices double

DFW dominated the state in sales and price gain even as the Texas new housing market as a whole expanded at a record pace. Nearly 924,000
See Original Article

Solomon Iluyomade: Banking internship benefits

He is spending the summer as a product management and digital banking intern at Bangor Savings Bank. He's putting his finance and business
See Original Article